Pembina Pipeline Corporation provides transportation and midstream services for the energy industry. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 3.1 millions of barrels of oil equivalent per day, ground storage of 11 millions of barrels, and rail terminalling capacity of approximately 145 thousands of barrels of oil equivalent per day serving markets and basins across North America. The Facilities segment offers infrastructure that provides customers with natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 354 thousands of barrels per day of NGL fractionation capacity, 21 millions of barrels of cavern storage capacity, and associated pipeline and rail terminalling facilities. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was incorporated in 1954 and is headquartered in Calgary, Canada.
IPO Year:
Exchange: NYSE
Website: pembina.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/23/2025 | Buy → Hold | Jefferies | |
| 3/10/2025 | Neutral → Buy | Citigroup | |
| 1/15/2025 | Buy | TD Securities | |
| 12/12/2024 | Overweight | Barclays | |
| 10/11/2024 | Outperform | Raymond James | |
| 9/11/2024 | Neutral | UBS | |
| 10/5/2023 | Neutral | Citigroup | |
| 6/22/2023 | Buy | Stifel | |
| 5/25/2023 | Neutral → Outperform | Credit Suisse | |
| 12/9/2022 | Outperform → Neutral | Credit Suisse |
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Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) is pleased to announce that it has closed its previously announced offering of $225 million aggregate principal amount of 5.95% Fixed-to-Fixed Rate Subordinated Notes, Series 2 (the "Series 2 Notes") due June 6, 2055 (the "Offering"). The Series 2 Notes were offered through a syndicate of underwriters, co-led by CIBC Capital Markets, BMO Capital Markets and Scotiabank, under Pembina's short form base shelf prospectus dated December 13, 2023, as supplemented by a prospectus supplement dated October 8, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today that its Board of Directors has declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 15, 17, 21 and 25. Series 1, 3, 5, 7, 9, and 21 preferred share dividends are payable on December 1, 2025, to shareholders of record on November 3, 2025. Series 15 and 17 preferred share dividends are payable on December 31, 2025, to shareholders of record on December 15, 2025. Series 25 preferred share dividends are payable on November 17, 2025, to shareholders of record on October 31, 2025. This press release features multimedia. View the full release here: https://www.businessw
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today that it has agreed to issue $225 million aggregate principal amount of 5.95% Fixed-to-Fixed Rate Subordinated Notes, Series 2 (the "Series 2 Notes") due June 6, 2055 (the "Offering"). The Offering represents a further issuance of Series 2 Notes previously issued by Pembina on June 6, 2025 in the aggregate principal amount of $200 million. Following closing of the Offering, $425 million aggregate principal amount of Series 2 Notes will be issued and outstanding. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251008379330/en/ The Offering
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today that it is considering an offering of subordinated notes under its short form base shelf prospectus dated December 13, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251006804650/en/ If a successful offering is completed, the Company intends to use the net proceeds of the offering to redeem its outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 9 (TSX:PPL) and for general corporate purposes. There is no certainty that Pembina will ultimately complete the offering being considered or as to the terms or ti
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) along with its partner Kineticor, an OPTrust portfolio company (collectively the "Partners"), provided updates today on the development of the proposed Greenlight Electricity Centre (the "Project"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251006451860/en/ The Project is a multi-phased gas-fired combined cycle power generation facility, to be located in Sturgeon County, Alberta, with a capacity of up to approximately 1,800 megawatts ("MW") designed to advance Alberta's innovation economy. With its stable, abundant, and competitive power supply
Cypress County, Alberta, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Today, Capstone Infrastructure Corporation (TSX:CSE) ("Capstone") is proud to announce the successful commissioning of the 192 MW Wild Rose 2 Wind Farm in Cypress County, Alberta. Capstone hits major milestones with newest addition to renewable fleet "The commissioning of Wild Rose 2 Wind represents a huge achievement for Capstone and the tremendous talent and dedication of our team," says David Eva, CEO of Capstone. "At 192 MW, it is the largest project we have ever undertaken and a landmark accomplishment in the growth of the business – surpassing 1 GW of installed capacity across our operating fleet." Providing decarboniz
Pembina Pipeline Corporation ("Pembina") (TSX:PPL, NYSE:PBA) announced that the Canada Energy Regulator (the "CER") has approved the negotiated settlement (the "Settlement") between Alliance Pipeline Limited Partnership ("Alliance") and shippers and interested parties (the "Shipper Committee") on the Canadian portion of the Alliance Pipeline. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250916593681/en/ "We are pleased that the CER has approved the Settlement between Alliance and the Shipper Committee, resulting in a just and reasonable tolling structure for the next ten years," said Scott Burrows, Pembina's President and Chie
All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"); adjusted cash flow from operating activities; and adjusted cash flow from operating activities per common share. For more information see "Non-GAAP and Other Financial Measures" herein. Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today its financial and operating results for the secon
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today that it has entered into a new long-term agreement with AltaGas Ltd. ("AltaGas") that provides a highly competitive export outlet further enhancing end-market diversification for Pembina and its customers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250801392565/en/ Pembina has entered into a long-term tolling agreement with AltaGas for 30,000 barrels per day ("bpd") of liquified petroleum gases ("LPG") export capacity at AltaGas' current Ridley Island Propane Export Terminal (RIPET) and future Ridley Island Energy Export Facility (R
All financial figures are in Canadian dollars unless otherwise noted. Pembina Pipeline Corporation ("Pembina") (TSX:PPL, NYSE:PBA) announced today that Alliance Pipeline Limited Partnership ("Alliance") has reached a negotiated settlement (the "Settlement") with shippers and interested parties (the "Shipper Committee") on the Canadian portion of the Alliance Pipeline and filed an application with the Canada Energy Regulator (the "CER") seeking approval of the Settlement. Separately, Alliance announced it is soliciting non-binding expressions of interest for a new regional short-haul transportation service. This press release features multimedia. View the full release here: https://www.bu
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Jefferies downgraded Pembina Pipeline from Buy to Hold
Citigroup upgraded Pembina Pipeline from Neutral to Buy
TD Securities initiated coverage of Pembina Pipeline with a rating of Buy
Barclays initiated coverage of Pembina Pipeline with a rating of Overweight
Raymond James resumed coverage of Pembina Pipeline with a rating of Outperform
UBS initiated coverage of Pembina Pipeline with a rating of Neutral
Citigroup initiated coverage of Pembina Pipeline with a rating of Neutral
Stifel initiated coverage of Pembina Pipeline with a rating of Buy
Credit Suisse upgraded Pembina Pipeline from Neutral to Outperform
Credit Suisse downgraded Pembina Pipeline from Outperform to Neutral
Live Leadership Updates
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) reported the voting results from its annual meeting of shareholders held virtually on May 9, 2025 (the "Meeting"). Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated March 20, 2025 (the "Information Circular"), which is available on the Company's website under 'Investors – Presentations & Events' at www.pembina.com. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250509202919/en/ A total of 368,964,506 common shares representing 63.54 percent of the Company's issued and outstanding
Bruce Rubin Brings Extensive Experience in Energy Industry, Project Execution and Strategic Growth ALAMEDA, Calif., March 24, 2025 (GLOBE NEWSWIRE) -- Sylvatex (SVX), a Bay Area-based battery materials manufacturing technology company producing lower-cost and lower-carbon cathode active materials (CAM) for electric vehicle (EV) and energy storage system (ESS) batteries, today announced the appointment of Bruce Rubin to its Board of Directors. He will serve as a director, focusing on strategic development for mass market expansion, organizational growth, and identifying funding and growth opportunities for the company. With over 45 years of executive leadership, operations, and governance
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) reported the voting results from its annual meeting of common shareholders held virtually on May 10, 2024 (the "Meeting"). Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated March 21, 2024 (the "Information Circular"), which is available on the Company's website under 'Investors – Presentations & Events' at www.pembina.com. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240510136886/en/ A total of 549,576,825 common shares representing 59.91 percent of the Company's issued and out
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) reported the voting results from its annual meeting of common shareholders held virtually on May 5, 2023 (the "Meeting"). Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated March 17, 2023 (the "Information Circular") and is available on the Company's website under "Investors – Presentations & Events" at www.pembina.com. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230508005717/en/ A total of 325,446,419 common shares representing 59.13 percent of the Company's issued and outstan
Cameron Goldade Appointed Chief Financial Officer Henry Sykes to be appointed Chair of the Board of Directors effective January 1, 2023, Replacing Randall Findlay Who Intends to Retire Prior to Next AGM After 16 Years of Service CALGARY, AB, Aug. 25, 2022 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL) (NYSE:PBA) today announced that it has named Cameron Goldade as the Company's Chief Financial Officer. This appointment concludes the previously announced executive search process undertaken by the Company. Mr. Goldade was appointed the Company's interim CFO in November 2021 and previously served as Vice President of Capital Markets. "We are very pleased to a
Cameron Goldade Appointed Chief Financial Officer Henry Sykes to be appointed Chair of the Board of Directors effective January 1, 2023, Replacing Randall Findlay Who Intends to Retire Prior to Next AGM After 16 Years of Service CALGARY, AB, Aug. 25, 2022 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL) (NYSE:PBA) today announced that it has named Cameron Goldade as the Company's Chief Financial Officer. This appointment concludes the previously announced executive search process undertaken by the Company. Mr. Goldade was appointed the Company's interim CFO in November 2021 and previously served as Vice President of Capital Markets. "We are very pleased to announc
CALGARY, AB, May 9, 2022 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL) (NYSE:PBA) reported the voting results from its annual meeting of common shareholders held virtually on May 6, 2022 (the "Meeting"). Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated March 18, 2022 (the "Information Circular") and is available on the Company's website under "Investors – Presentations & Events" at www.pembina.com. A total of 320,822,849 common shares representing 58.13 percent of the Company's issued and outstanding common shares were voted in person and by proxy in connection with the Meeting. Th
CALGARY, AB, Feb. 23, 2022 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL) (NYSE:PBA) today announced that it has appointed Scott Burrows as the Company's President and Chief Executive Officer. This appointment concludes the previously announced executive search process undertaken by the Pembina Board of Directors. Mr. Burrows previously served as the Company's Chief Financial Officer for approximately seven years and was appointed interim President and Chief Executive Officer in November 2021. Mr. Burrows has also been appointed to the Pembina Board of Directors. "Pembina today has great momentum and significant opportunities, and we are thrilled to have
CALGARY, AB, Nov. 22, 2021 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL) (NYSE:PBA) today announced that Mick Dilger has stepped down as President and Chief Executive Officer to pursue other opportunities. The Board of Directors has named Scott Burrows, Pembina's current Chief Financial Officer, as interim President and Chief Executive Officer. The Board will be working with a leading search firm to identify and evaluate internal and external candidates for a new CEO to lead Pembina in its next chapter. With Mr. Burrows' appointment, Cameron Goldade, currently Pembina's Vice President – Capital Markets, has been appointed interim Chief Financial Officer.
CALGARY, AB, Oct. 20, 2021 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL) (NYSE:PBA) is pleased to announce its commitment to reduce the Company's greenhouse gas ("GHG") emissions intensity by 30 percent by 2030, relative to baseline 2019 emissions. The GHG reduction target will help guide business decisions and improve overall emissions intensity performance while increasing Pembina's long-term value and ensuring Canadian energy is developed and delivered responsibly. "Pembina has never been one to shy away from a challenge. As the world around us continues to evolve, Pembina is embracing the opportunity to adapt, respond and contribute to a more susta
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SC 13G/A - PEMBINA PIPELINE CORP (0001546066) (Subject)
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Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today that its Board of Directors has declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 15, 17, 21 and 25. Series 1, 3, 5, 7, 9, and 21 preferred share dividends are payable on December 1, 2025, to shareholders of record on November 3, 2025. Series 15 and 17 preferred share dividends are payable on December 31, 2025, to shareholders of record on December 15, 2025. Series 25 preferred share dividends are payable on November 17, 2025, to shareholders of record on October 31, 2025. This press release features multimedia. View the full release here: https://www.businessw
All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"); adjusted cash flow from operating activities; and adjusted cash flow from operating activities per common share. For more information see "Non-GAAP and Other Financial Measures" herein. Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today its financial and operating results for the secon
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today that its Board of Directors has declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 15, 17, 21 and 25. Series 1, 3, 5, 7, 9, and 21 preferred share dividends are payable on September 2, 2025, to shareholders of record on August 1, 2025. Series 15 and 17 preferred share dividends are payable on October 1, 2025 to shareholders of record on September 15, 2025. Series 25 preferred share dividends are payable on August 15, 2025, to shareholders of record on July 31, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/
All financial figures are in Canadian dollars unless otherwise noted. Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today its intention to redeem its issued and outstanding Cumulative Redeemable Floating Rate Reset Class A Preferred Shares, Series 19 ("Series 19 Shares") (TSX:PPL) on June 30, 2025 (the "Redemption Date"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250530749329/en/ Pembina intends to redeem all of its 8,000,000 issued and outstanding Series 19 Shares, in accordance with the terms of the Series 19 Shares, as set out in the Company's articles of amalgamation dated Oct
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today that the Toronto Stock Exchange (the "TSX") has approved the renewal of Pembina's normal course issuer bid (the "NCIB") to purchase up to five percent of its issued and outstanding common shares. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250514990175/en/ Under the NCIB, purchases of common shares may be made through the facilities of the TSX, the New York Stock Exchange and/or alternative Canadian trading systems, commencing on May 16, 2025 and expiring on the earlier of May 15, 2026 and the date on which Pembina has acquired the ma
All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"); adjusted cash flow from operating activities; adjusted cash flow from operating activities per common share; and proportionately consolidated debt-to-adjusted EBITDA. For more information see "Non-GAAP and Other Financial Measures" herein. Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced to
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today that its Board of Directors has declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 15, 17, 19, 21 and 25. Series 1, 3, 5, 7, 9 and 21 preferred share dividends are payable on June 2, 2025, to shareholders of record on May 1, 2025. Series 15, 17 and 19 preferred share dividends are payable on June 30, 2025, to shareholders of record on June 16, 2025. Series 25 preferred share dividends are payable on May 15, 2025, to shareholders of record on April 30, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/
All financial figures are in Canadian dollars unless otherwise noted. This news release refers to certain financial measures and ratios that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"), including net revenue; adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"); adjusted cash flow from operating activities; adjusted cash flow from operating activities per common share; and proportionately consolidated debt-to-adjusted EBITDA. For more information see "Non-GAAP and Other Financial Measures" herein. Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced t
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today that its Board of Directors has declared quarterly dividends for the Company's preferred shares, Series 1, 3, 5, 7, 9, 15, 17, 19, 21 and 25. Series 1, 3, 5, 7, 9 and 21 preferred share dividends are payable on March 3, 2025, to shareholders of record on February 3, 2025. Series 15, 17 and 19 preferred share dividends are payable on March 31, 2025, to shareholders of record on March 17, 2025. Series 25 preferred share dividends are payable on February 17, 2025, to shareholders of record on January 31, 2025. This press release features multimedia. View the full release here: https://www.businesswir
All financial figures are approximate and in Canadian dollars unless otherwise noted. This news release refers to certain financial measures that are not specified, defined or determined in accordance with Generally Accepted Accounting Principles ("GAAP"), including adjusted earnings before interest, taxes, depreciation and amortization ("adjusted EBITDA"). For more information see "Non-GAAP and Other Financial Measures" herein. Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX:PPL, NYSE:PBA) announced today its 2025 financial guidance and provided a business update. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20
6-K - PEMBINA PIPELINE CORP (0001546066) (Filer)
6-K - PEMBINA PIPELINE CORP (0001546066) (Filer)
6-K - PEMBINA PIPELINE CORP (0001546066) (Filer)
6-K - PEMBINA PIPELINE CORP (0001546066) (Filer)
6-K - PEMBINA PIPELINE CORP (0001546066) (Filer)
6-K - PEMBINA PIPELINE CORP (0001546066) (Filer)
6-K - PEMBINA PIPELINE CORP (0001546066) (Filer)
6-K - PEMBINA PIPELINE CORP (0001546066) (Filer)
6-K - PEMBINA PIPELINE CORP (0001546066) (Filer)
6-K - PEMBINA PIPELINE CORP (0001546066) (Filer)